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2023
Exports $1.64BWorld Rnk 12 / 222
Flag Rnk 29 / 1207
2023
Destination $29.9M United States
2022 - 2023
FASTEST GROWING MARKET $29.9MSweden
2023
PRODUCT COMPLEXITY IN Engine Parts1.05Rnk 160 / 1025
2023
Imports $1.57BWorld Rnk 14 / 224
Flag Rnk 29 / 1200
2023
Origin $19M China
2022 - 2023
FASTEST GROWING ORIGIN $19MRomania
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $1.64B in Engine Parts, making it the 12th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 29th most exported product in Brazil. The main destination of Engine Parts exports from Brazil are: United States ($474M), Mexico ($248M), Germany ($209M), United Kingdom ($144M), and Italy ($96.1M).

The fastest growing export markets for Engine Parts of Brazil between 2022 and 2023 were Sweden ($29.9M), United Kingdom ($29.6M), and Germany ($13.9M).

Imports In 2023, Brazil imported $1.57B in Engine Parts, becoming the 14th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 29th most imported product in Brazil. Brazil imports Engine Parts primarily from: China ($264M), Germany ($251M), United States ($221M), Japan ($121M), and India ($102M).

The fastest growing import markets in Engine Parts for Brazil between 2022 and 2023 were Romania ($19M), United States ($9.66M), and Turkey ($3.26M).

COMPANIES In 2024, leading companies such as Telamon (1.12k), Ford Motor Company (28), and Schaeffler Group (26) were at the forefront of shipping Engine Parts from Brazil to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Engine Parts exports accounted up to $95.1M and imports accounted up to $128M, resulting in a negative trade balance of $32.6M. Between December 2023 and December 2024 the exports of Brazil's   Engine Parts have decreased by $-26.9M (-22%) from $122M to $95.1M, while imports increased by $12.4M (10.7%) from $115M to $128M.

Destinations In December 2024, Engine Parts were exported mostly to United States ($33.4M), Mexico ($20.6M), Germany ($8.04M), Argentina ($5.75M), and China ($4.33M), and were imported mostly from China ($25.9M), Germany ($16.4M), United States ($14.6M), India ($9.45M), and Japan ($8.74M).

Growth In December 2024, the decrease in Engine Parts's year-by-year exports was explained primarily by a decrease in exports to United States ($-8.27M or -26.2%), Mexico ($-4.36M or -18.7%), and United Kingdom ($-4.21M or -63%). In December 2024, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from Sweden ($4.51M or 121%), Japan ($3.64M or 40.1%), and Thailand ($2.63M or 32.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-26.9M(-22%)
IMPORT GROWTH (December 2023 - December 2024)$12.4M(10.7%)
MAIN EXPORTER (December 2024)Santa Catarina$57.4M
MAIN DESTINATION (December 2024)United States$33.4M

This section shows Engine Parts's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Engine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.64B
IMPORTS (2023)$1.57B
NET TRADE (2023)$64.3M

In 2023, Brazil exported $1.64B in Engine Parts. The main destinations of Brazil exports on Engine Parts were United States ($474M), Mexico ($248M), Germany ($209M), United Kingdom ($144M), and Italy ($96.1M).

In 2023, Brazil imported $1.57B in Engine Parts, mainly from China ($264M), Germany ($251M), United States ($221M), Japan ($121M), and India ($102M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Sweden$29.9M (65.9%)
United Kingdom$29.6M (25.8%)
Germany$13.9M (7.13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY Brazil WERE (2022 - 2023):
United States-$36.3M (-7.12%)
Argentina-$35.9M (-29.8%)
Italy-$19.5M (-16.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Engine Parts were:
Germany $13.7B
China $7.81B
United States $6.48B
In 2023, Brazil's main importing competitors in Engine Parts were:
United States $11.8B
Germany $6.71B
Mexico $4.3B

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $121M
TOP IMPORT POTENTIALChina+ $58.1M

Engine Parts’s highest export potential is United States. With an export gap of $121M.   Engine Parts’s highest import potential is China with an import gap of $58.1M.

See methodology.

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